3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for Comcast Corp A
Our trading algorithm values Comcast Corp A (CMCSA) to be strongly undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | strongly undervalued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $30.05 |
| 60 Day Prediction | $34.11 |
| 60 Day Pred - Lower Bound | $32.02 |
| 60 Day Pred - Upper Bound | $36.18 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.053 * nr_days_in_the_future + 35.698
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
CMCSA traded at $30.05 this Monday October 17th, gaining since last week.
Looking back, over the last month, CMCSA has been loosing $-3.79 or -12.61 percent.
Over the last year, it has been loosing $-24.66 or -82.06 percent.
Seasonality of Comcast Corp A
Using our AI model, we have been analyzing the value change for Comcast Corp A depending on the day or month of a year. This can be seen in the following graph:
